Moss Bros Share Discussion Threads

[frenchfry] 07/1/2014 23:03

Whymps2 - not sure there will be a Christmas trading update now: the IMS was announced 12dec 2013, and the prelim results are due 26 march 2014. Their website provides no indication of anything in the meantime, but the trend is favourable.

[mreasygoing] 07/1/2014 20:31

Well done MOSB holders, your patience will soon be rewarded :)

[whymps2] 07/1/2014 20:16

Please could someone tell me when the trading update is likely to be in Jan?

[frenchfry] 03/1/2014 14:51

Nice move-up today, a Fourth test of the 75p resistance level coming up. It's going to get taken out this time,make no mistake. All in time for the Christmas trading update later this month, more likely to be a Next rather than a Debenhams.
Onwards and upwards....!
DYOR of course.

[paleje] 16/12/2013 20:06

Simon Thompson in IC tipped these today.



Target price

There is obvious price resistance at around 75.5p, a glass ceiling which the share price has failed to break through on three occasions in the past three months. However, I am still of the opinion that the post Christmas trading update in a month's time will prove to be the catalyst to take out that six-year high. Following the latest failed attempt, and the very modest drift in the share price, the 14-day RSI is now around 40, which is not overbought and offers scope for the rally to start again from modestly oversold levels. Moreover, if the 75.5p resistance level is breached, I see little reason from a technical perspective why the share price can't run up to the next major band of resistance at 90p, dating back to the first quarter of 2006.

So, ahead of what is expected to be an upbeat pre-close trading statement in mid-January, I rate Moss Bros's shares a trading buy on a bid offer spread of 70p to 71p. My fair value target price range of between 85p to 90p equates to a rating of 18 times January 2015 earnings estimates net of cash before likely earnings upgrades.

[bradders190] 16/12/2013 16:31

Come on breakout !

[frenchfry] 12/12/2013 09:34

A very decent update. Cash in bank up,sales up. Closure of unprofitable stores usually with onerous leases up for renewal a positive sign: far better financially to close such stores and reopen a modernised shop with softer leasing arrangements. Good omen for earnings. And selective expansion abroad via the web shows management here is on the ball.

[bradders190] 03/12/2013 22:06

Thanks Coolen I guess I need to dig deeper Mark

[coolen] 03/12/2013 22:03

Hi Mark,

Some market systems show the "original" trade execution time in addition to the time the trade was "reported" to the LSE.

In this instance, the deal of 300,000 shares shows as being "reported" to the LSE tonight but, delve deeper, and it shows as traded on 29 Nov when a series of trades and corrections went through at the same price and same size.

I read all these deals as merely one "cross" of 300,000 shares.

Unless all the correct boxes are ticked at the time, you can get a series of subsequent technical corrections going through on any deal.

I admit, it is both confusing and annoying because corrections can hugely distort the true turnover, or lack of it, in a stock !

[bradders190] 03/12/2013 21:20

Coolen,Out of interest how did you know this was a correction?Many thanks Mark

[bradders190] 03/12/2013 21:15

Intrims on the 12th

[coolen] 03/12/2013 19:16

This a trade correction from 29 November.

[2breakout] 03/12/2013 18:14

300k reported after close

[2breakout] 03/12/2013 16:08

02 Dec 2013 Moss Bros Group PLC MOSB WH Ireland Securities Buy 73.25 73.25 85.00 85.00 Reiterates

[frenchfry] 28/11/2013 10:51

Time to wake from the slumber. The re-rating is taking nice shape.

[frenchfry] 23/10/2013 19:04

Any news anyone to explain the upswing? I do love these ones that slip under the radar. Especially heavy volume with mainly buys a good omen in my humble view. DYOR of course.

[frenchfry] 22/10/2013 09:49

A re-rating, long overdue, perhaps? Certainly appears to be testing previous high.

[frenchfry] 26/9/2013 21:02

A nonsense over reaction in my humble view to todays results, typically the quieter half. Increased earnings, profit and growing cash pile, as well as growing e commerce and accelerating refit programme are good indicators for future prospects. Compare this with its peer Laura Ashley's struggles from the previous day and it shows what a tightly run and well managed outfit Moss Bros is.

[cockneyrebel] 17/9/2013 18:35

Website says Interims on 26th.

7 trading days.

CR

[frenchfry] 11/9/2013 22:19

The ST effect from the IC certainly seems to have a positive effect each time he provides a trading review.
last time around shares dropped on results but here there is likely to be a sustained momentum, boosted by Internet sales and with profits geared to the second half.
I see no reason to lighten holdings at this stage, seems to be positives all round for a well managed, cash-rich company. Strong buying pre-results tends to corroborate this.

[morph7] 11/9/2013 15:45

Well its been a good run up to results at the end of the month. Are any other holders tempted to lighten their holding pre results? Don't get me wrong, Im sure results the are fine (else why would I hold the shares). I'm just curious of other holders strategies of maybe locking in some gains are results.

[morph7] 09/9/2013 10:27

Nice 5% jump this morning

[cockneyrebel] 09/9/2013 08:14

Breaking out.

CR